TAMAN KOTA WIRA in Larut Matang, Perak recorded 13 subsale transactions in 2022, with a median price of RM 168K and a median price per square foot (PSF) of RM 141.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 168K, with most transactions falling within a stable range of RM 156K to RM 180K, and a typical market range of RM 157K to RM 179K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 141, with most transactions between RM 133 and RM 149. The usual range is RM 132.50 to RM 149.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
